News Room

Jamaica trade war over services brewing

KINGSTON, Jamaica, Monday, July 23, 2012 

Damion Crawford, minister of state for tourism and entertainment in Jamaica has taken to Parliament to condemn other Caribbean Community (CARICOM) governments for banning the entry of some Jamaican entertainers. 

Read more: http://www.caribbean360.com/

August 2012

Rum parting the ways between US and the Caribbean

BRIDGETOWN, Barbados, Thursday July 26, 2012 

by Sir Ronald Sanders

The rum industry in the non-US countries in the Caribbean is now under serious threat.  At risk are the jobs of 15,000 workers directly employed in the industry and another 60,000 jobs that benefit from it.  Apart from employment, non-US Caribbean countries face the loss, annually, of US$700 million in foreign exchange and over US$250 million in tax revenues at a time they can ill afford it.

 

Read more at http://www.caribbean360.com


 

August 2012

Guyana, US Partner on Music Workshop

July 10 2012 

Guyana’s Ministry of Culture, Youth and Sport and the United States Embassy in Georgetown recently collaborated to host a series of music workshops and a concert at the Umana Yana in Georgetown.

By the Caribbean Journal staff

 

July 2012

CARICOM official warns about duty free access for EU goods Read more: http://www.caribbean360.com/i

KINGSTON, Jamaica, Thursday July 5, 2012 – Despite recent assurances by Alexander Walford, policy officer in charge of Caribbean-European Union trade relations fears about revenue loss were misguided, Caribbean Community (CARICOM) Secretary General Irwin LaRocque has raised concerns about Europe's demand to reduce customs duties on their goods coming in to this region.

Read more: http://www.caribbean360.com/

July 2012

Trade impasse between Barbados and TT over for now Read more: http://www.caribbean360.com/index.php

BRIDGETOWN, Barbados, Thursday July 4, 2012 – Swiftly following on the heels of the news that Prime Minister Freundel Stuart declared that Barbados would be moving to address the current trade imbalance that exists with Trinidad and Tobago, officials of Pine Hill Dairy are reporting a resolution to their seeming impasse with Trinidadian authorities. 

Read more: http://www.caribbean360.com/

July 2012

Agreement with Europe begins to kick

BRIDGETOWN, Barbados, Thursday, June 28, 2012 - A statement credited to Alexander Walford, Policy Officer of the Caribbean-European Union (EU) in the European Commission, says that eight Caribbean countries have not implemented tariff cuts on EU goods as required by the Economic Partnership Agreement (EPA) signed in 2008.

 

The opinions expressed in this commentary are solely those of Sir Ronald Sanders. Sir Ronald Sanders is a Consultant and former Caribbean diplomat.


Read more: http://www.caribbean360.com/

June 2012

Financial institutions urged to prepare for new US law

 June 20, 2012  KINGSTON, Jamaica (JIS) -- Jamaica’s Minister of Finance and Planning, Dr Peter Phillips, is urging local and regional financial institutions to prepare for the implementation of the United States (US) Foreign Account Tax Compliance Act (FATCA), which has implications for these entities.

For more information view article at http://www.caribbeannewsnow.com/

By Alecia Smith-Edwards

June 2012

Barbados Leading The Way

June 19 2012, BRIDGETOWN, BARBADOS

United Nations Assistant-Secretary-General and Executive Co-ordinator of the Rio+20 Conference on Sustainable Development Elizabeth Thompson believes that Barbados and the rest of the Caribbean have a tremendous amount to offer the negotiations.

 

June 2012

Trade mission to boost Barbados exports to CARICOM

BRIDGETOWN, Barbados (BGIS) -- Efforts to strengthen Barbados's position within its number one export market -- CARICOM -- are being intensified, with a 15-member contingent from Barbadian companies that will be heading to St Vincent and the Grenadines to participate in a trade mission scheduled for June 25 to 28.

By Sharifa Medford/BIDC

June 2012

CDB responds to credit rating downgrades

BRIDGETOWN, Barbados, Monday June 18, 2012 – The Caribbean Development Bank (CDB) “will spare no effort” to ensure that the way it does business will not put it in line for any more Standard and Poor’s or Moody’s downgrade.

June 2012

BARBADOS PRIVATE SECTOR ASSOCIATION TO RELEASE REPORT ON MICRO-FINANCE STUDY

 

(Bridgetown, June 13th, 2012) - The Barbados Private Sector Association has completed an Inter-American Development Bank (IDB) funded study titled “A Policy Framework to Incentivize the Micro Business Sector in Barbados”. The study was done on behalf of the BPSA by the late economist Mr. Lindsay Holder and coordinated by the Barbados Private Sector Trade Team (BPSTT), a Division of the BPSA. 

June 2012

ACP gearing up for Europe talks

PORT VILA, Vanuatu  MON, JUNE 11, 2012 

The African, Pacific and Caribbean (ACP) group of countries Monday began a series of meetings here in preparation for crucial talks with the European Union (EU) later this week, even as they acknowledged they were not entitled to EU financial and technical assistance for their socio-economic development.Secretary General of the 79-member grouping, Dr. Mohammed IBN Chambas told delegates to the 95th session of the ACP Council of Ministers that it would be wrong for “us in the ACP to continue to operate on the basis of an entitlement mentality”.

 

June 2012

CDB giving over US$300,000 for Caribbean development database

BRIDGETOWN, Barbados, Monday June 4, 2012 The Caribbean Development Bank (CDB) is to provide the equivalent of US$399,165 to the CARICOM Secretariat for implementation of DevInfo in Anguilla, Barbados, Grenada, Montserrat and St. Lucia and the OECS Secretariat.

June 2012

Over 3 million Euro earmarked to push CSME forward

BRIDGETOWN, Barbados, Monday May 28, 2012 – Caribbean Community (CARICOM) member states have been allocated €3.45 million to help enhance their capacity to further implement the CARICOM Single Market and Economy (CSME).

 

May 2012

CARICOM delegation to US to protest Rum Exports

Georgetown Guyana   Thursday May 10 2012

Rum producers in the Caribbean Community (CARICOM) are getting high-level support in their protest against subsidies that are giving foreign rum producers in the United States Virgin Islands (USVI) preferential access to the United States market.

Article compliments Caribbean 360

May 2012

Barbados Updates Tax Treaty with UK

Bridgetown Barbados May 3 2012

 Barbados has updated its 1970 double taxation agreement with the United Kingdom to provide for tax information exchange between respective authorities in both countries.

 

Article compliments Caribbean 360

 

May 2012

Anguilla Blocking Certain Categories of Foreign Workers

THE VALLEY, Anguilla, Thursday May 10, 2012 - Article Compliments Caribbean 360

Since the beginning of this month, and until the end of December, few foreign nationals are going to be given the opportunity to enter Anguilla for a wide range of jobs. 
 

May 2012

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